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Downtown Phoenix Restaurant Opportunity
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333 E Roosevelt St, Phoenix, AZ 85004

Modern restaurant space with patio in vibrant downtown Phoenix.

Property Size2,475 SF
Days on Market152

Property Features for 333 E Roosevelt St

General Information

Standard status Active
Size 2,475 SF
Property subtype Retail

Building Details

Year Built 2013
Listing Agency: Western Retail Advisors, LLC
Listed By: Bryan Babits · License #SA630590000
Source: W-retail
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 4 at 3:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

Located in the heart of Downtown Phoenix’s Roosevelt Row district, this property resides within an urban, cultural, walkable area known for its arts, culture, dining, and residential developments. Adjacent to a nationally recognized arts district, the location benefits from strong daytime and evening activity. The area is near the Central Avenue Corridor, a primary business hub supporting numerous jobs in government, finance, professional services, technology, and healthcare. The Arizona State University Downtown Phoenix campus is also nearby, bringing consistent student and faculty foot traffic. Served by the Valley Metro Rail Roosevelt/Central Ave station, the location offers transit accessibility for commuters, residents, and visitors. The available space is a 2,475 square foot modern urban restaurant opportunity with a patio, situated on the ground floor of a 316-unit upscale apartment building. This location is suited for a restaurant, cafe, wine bar or QSR concept seeking strong foot traffic and repeat customers.

Key Highlights

  • Prime ground floor location within a 316‑unit upscale apartment building.
  • Located in the heart of Downtown Phoenix's Roosevelt Row, a vibrant and walkable arts district.
  • High foot traffic area due to proximity to major employment centers along the Central Avenue Corridor.

Property Analytics

Current Use

Frankie Reiland aka ... Barber Shop Chíc Artistry Studio Hair Salon Rooted Alma Psychotherapist Eye of Octopus Art ... Museum Melt Ice Cream ... Grocery & Convenience Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Pet Grooming Service Mobile Phone Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,684
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85004, AZ

8,833
Population
6,455
Households
1.4
Avg Household Size
32
Median Age
59%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
4,206
Density / Sq Mi
$71,250
Median Household Income
$46,376
Median Earnings
$1,759
Median Rent
$365,500
Median Home Value

Market

Properties on Market for Restaurants in Maricopa County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Modern restaurant space with patio in vibrant downtown Phoenix.
Where is this restaurant located?
The property is located at 333 E Roosevelt St Phoenix, AZ.
What are key features of this property?
This property features: Prime ground floor location within a 316‑unit upscale apartment building.; Located in the heart of Downtown Phoenix's Roosevelt Row, a vibrant and walkable arts district.; High foot traffic area due to proximity to major employment centers along the Central Avenue Corridor.
More about this property
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